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Dec 11, 2012
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italy has pushed through important reforms in the past year, he said. markets have honored this so far. however, they have acted with concern to the recent developments at the end of last week. u.s. ratings agency standard and poor's also expressed doubts about whether italy passed next government would remain committed to the next reforms -- italy's's next government would remain committed to the end -- italy's next government would remain committed to the reforms. >> our correspondents and does this report from the frankfurt stock exchange -- our correspondent sent us this report from the frankfurt stock exchange. >> traders have been disappointed. they have to wait another day until they get to know the outcome of the greek program. uncertainty always drags down shares, not only of traders -- if traders and investors look at greece today are watching the problems in italy. the news that mario monti will step down really dragged down the mood. >> let's take a quick look at some market numbers. the dax closed just a tad out at 7530. the euro stoxx 50 e
italy has pushed through important reforms in the past year, he said. markets have honored this so far. however, they have acted with concern to the recent developments at the end of last week. u.s. ratings agency standard and poor's also expressed doubts about whether italy passed next government would remain committed to the next reforms -- italy's's next government would remain committed to the end -- italy's next government would remain committed to the reforms. >> our correspondents...
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Dec 14, 2012
12/12
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. >> countries like france and italy have pat -- have pushed for a speedy resolution. banking supervision paves the way for a direct supervision -- direct injection into ailing banks. >> it is no longer the sole responsibility of the member states. rather, all of europe will step in. >> but president hollande did not get everything on his wish list. germany insisted that smaller banks, which make up a large part of its banking system, be overseen by national authorities, and it got its way. >> it is important to have a clear division between banking supervision and monetary policy. >> the supervisor will begin work in march, 2014, and be responsible for banks holding more than 30 billion euros in assets. the deal should ensure european taxpayers no longer have to foot the bill when financial institutions find themselves in trouble. >> i'm very satisfied. contrary to expectations, the 27 finance ministers have managed to save the european council. >> as for the question of who will succeed john graja and kurt as head of the eurozone, that is something members -- jean-cl
. >> countries like france and italy have pat -- have pushed for a speedy resolution. banking supervision paves the way for a direct supervision -- direct injection into ailing banks. >> it is no longer the sole responsibility of the member states. rather, all of europe will step in. >> but president hollande did not get everything on his wish list. germany insisted that smaller banks, which make up a large part of its banking system, be overseen by national authorities, and...
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Dec 11, 2012
12/12
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those same critics are pointing at italy. what does this say about investors? >> it says that investors are selling bonds. that's why the yields are going up. it also implies these same people are getting cautious, incrsing cautious er the country. he says he will resign once the next budget bill is passed. the rates had been easing for about a month. the key index on the milan stock exchange plunged by nearly 4% ending the day with a 2.2% drop. the euro was traded lower against the dollar and the yen. the future of italian politics is now more cloudy. the announcement doesn't seem to have caused nu ed much trouble investers outside of italy. >>> over in the united states president obama said he is ready to compromise before plunging over the fiscal cliff. >> people have a lot of views. i'm willing to compromise a bit. we asked the wealthy to pay a higher tax rate and that's a principle i won't compromise on. >> he said he could make some concessions so he can take tax cuts for the middle class. some republican lawmakers may agree to higher tax rates for the we
those same critics are pointing at italy. what does this say about investors? >> it says that investors are selling bonds. that's why the yields are going up. it also implies these same people are getting cautious, incrsing cautious er the country. he says he will resign once the next budget bill is passed. the rates had been easing for about a month. the key index on the milan stock exchange plunged by nearly 4% ending the day with a 2.2% drop. the euro was traded lower against the...
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Dec 21, 2012
12/12
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the south stream pipeline is meant to carry russian gas through bulgaria to austria and italy, but the u.s. and russia are arguing over the rules to be applied to the new pipeline. >> it is true that some difference remained regarding some aspects of energy relations between europe and russia. >> european demands for russia to separate gas companies and distribution channels have so far had no effect. and the russian leader was not prepared to take the criticism lying down. >> my good friend explained his position at such great length and with such a motion because he has a feeling he is in the wrong. >> the ongoing disputes about energy and trade are taking their toll on the you-russian relations. >> italy's prime minister has resigned. this move paves the way for elections to be held as early as february. mario monti has promised to hand in his resignation -- or had promised to hand in his resignation as soon as parliament passed a 2013 budget, which he led his -- kept his promise. he led a government of technocrats for the past year. europeans had held his economic reforms, but vote
the south stream pipeline is meant to carry russian gas through bulgaria to austria and italy, but the u.s. and russia are arguing over the rules to be applied to the new pipeline. >> it is true that some difference remained regarding some aspects of energy relations between europe and russia. >> european demands for russia to separate gas companies and distribution channels have so far had no effect. and the russian leader was not prepared to take the criticism lying down. >>...
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Dec 1, 2012
12/12
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. >> two thirds of them go abroad -- to slovenia, for example, but we also sell them to italy, serbia, macedonia and kosovo. >> domestic demand is on the rise, too. climate protection doesn't only cost money -- it can also help people save -- and even earn a livelihood. that realization is gaining acceptance in bosnia and herzegovina. >> and now to football. a sport that grips people around the world. it is played in stadiums worth hundreds of millions of euros, in war zones and in slums. and it is played by women, even in one of the most conservative societies in the world. saudi arabia sent two female athletes to the summer olympics in london for the first time this year. a historic move that came with many strings attached. but nevertheless an important signal to all those saudi girls with a passion for sport. >> i like sports in general. football is my passion! it's a very beautiful feeling. that's why i am very passionate about it and i like to play and also all of the girls in my team, they feel the same. for now we are 30 members. attahadi, challenge. we named our team like tha
. >> two thirds of them go abroad -- to slovenia, for example, but we also sell them to italy, serbia, macedonia and kosovo. >> domestic demand is on the rise, too. climate protection doesn't only cost money -- it can also help people save -- and even earn a livelihood. that realization is gaining acceptance in bosnia and herzegovina. >> and now to football. a sport that grips people around the world. it is played in stadiums worth hundreds of millions of euros, in war zones...
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Dec 11, 2012
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italy has the wealth, italy has the industrialization, it has the export. italy really could make a go of it. we didn't see any productivity in the last decade. it should have made italy stronger. i personally am much more concerned about france and spain than i am about italy. >> we'll talk about those. >> let me add asking. if italy is in this situation now, it relied on the easy way out. and politicians, including berlusconi, didn't have the foresight to see that. >> thank you so much for coming by. >>> staying at the eurozone, investors will be watching for anything coming from the italian crisis. the results of the spanish bond actions are due around 12:40 cst. hsbc was hit with a $1.9 billion fine. the ceo said we accept responsibility for our mistakes and are profoundly sorry for them. >> a full year loft loss of 4.7 billion euros, thinksen krup has more details. >> they are starting to look at the positive of what i would call a -- strategy, i.e., a clean sweep when it comes to the business strategy of thyssenkrupp as well as the instruct occur and
italy has the wealth, italy has the industrialization, it has the export. italy really could make a go of it. we didn't see any productivity in the last decade. it should have made italy stronger. i personally am much more concerned about france and spain than i am about italy. >> we'll talk about those. >> let me add asking. if italy is in this situation now, it relied on the easy way out. and politicians, including berlusconi, didn't have the foresight to see that. >> thank...
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Dec 10, 2012
12/12
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no rest for italy. banking stocks lead the ftse mib lower as political uncertainty speaks investors. economic malaise in europe, japan and the u.s. all taking its toll. and obama and boehner meet face-to-face as the clock ticks towards the fiscal cliff. >>> china's growth has recently improved. may well be on track to surpass beijing's 7.5% gdp target for the year. but november's softer than expected trade data highlights the vulnerability to riskes from abroad. joining us more now is eunice eune. how likely is it that we see china hit or surpass these growth targets given the figures showed us? >> well, people are growing concerned about just that. the trade data really highlighted a lot of the problems going forward in terms of the global demand for chinese-made goods. people were really surprised about the export data which came in at 279% growth. everybody had expected to see 9% growth which would already have been a slowdown. they were also quite surprised by the import number, which came in at zer
no rest for italy. banking stocks lead the ftse mib lower as political uncertainty speaks investors. economic malaise in europe, japan and the u.s. all taking its toll. and obama and boehner meet face-to-face as the clock ticks towards the fiscal cliff. >>> china's growth has recently improved. may well be on track to surpass beijing's 7.5% gdp target for the year. but november's softer than expected trade data highlights the vulnerability to riskes from abroad. joining us more now is...
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Dec 20, 2012
12/12
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spain, italy, moving higher, but not too much of a move there. 5.3%. and 4.4 for italy. now, forex rates, the euro/dollar and the yen has been in focus still in the last several trading sessions and that continues today. 1.3230 is the level. the yen, though, is giving back about .5% after the bank of japan's quantitative easing plans, pretty much flecting a buy the rumor, sell the fact move. now, house republicans plan to bring their tax bill to a floor vote today. this as tensions over the white house over the fiscal cliff have started to rise. it's unclear what the bill, known as plan b, will look like. house speaker john boehner has reportedly added spending cuts to convince members it will be worth the vote. president obama has threatened to veto the bill. the president says he's puzzled by what's holding up budget talkes and that house republicans should stop trying to score a point against him. >> take the deal. you know, they will be able to claim that they have worked with me over the last two years to reduce the deficit more than any other deficit reduction pack
spain, italy, moving higher, but not too much of a move there. 5.3%. and 4.4 for italy. now, forex rates, the euro/dollar and the yen has been in focus still in the last several trading sessions and that continues today. 1.3230 is the level. the yen, though, is giving back about .5% after the bank of japan's quantitative easing plans, pretty much flecting a buy the rumor, sell the fact move. now, house republicans plan to bring their tax bill to a floor vote today. this as tensions over the...
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Dec 24, 2012
12/12
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. >> available to lead italy again, if needed. on sunday, italy's former prime minister mario monti announced his plans after his resignation. >> i am not joining any specific party, but i would like the parties to take home these ideas. these ideas or any other ideas. we need to come up with ideas. and i hope the ideas here, contained in the manifesto, will be adopted by the vast majority of parliament. >> he will not run directly in the next election or side openly with any parties, but he says he would be ready to leave the country again. on one condition -- the next ruling party follow the strict plan of reform set to bring italy back onto the path of economic growth. monti was forced to resign on friday after former prime minister's silvio berlusconi's party withdrew its support. been criticized his pledge -- they criticize his pledge to retract some taxes he had budgeted last year. he returned here to the official prime minister's residence. whether he will be here after the election depends on whether the coalition allows h
. >> available to lead italy again, if needed. on sunday, italy's former prime minister mario monti announced his plans after his resignation. >> i am not joining any specific party, but i would like the parties to take home these ideas. these ideas or any other ideas. we need to come up with ideas. and i hope the ideas here, contained in the manifesto, will be adopted by the vast majority of parliament. >> he will not run directly in the next election or side openly with any...
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Dec 5, 2012
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>> greece and italy are also on the list. year after year, the country's perform the poorest -- the countries perform the poorest. greece pays many more bribes per year and higher amounts than anywhere else in europe. in those countries, public institutions need to change. we need financial accountability to citizenry. >> denmark is the least corrupt country. what does germany need to do to improve its position? >> the world is waiting for more attention to the u.n. convention against corruption. that means ratification. it is not ok that germany has not ratified this treaty. it is important to look at some of the other activities that politicians and those in the justice system are involved in. it is important to know about that in terms of complex of interest that may emerge in their public sector -- of conflict of interest that may emerge in their public-sector work. >> eu anti-trust regulators have imposed fines on alleged cartel of -- on an alleged cartel of electronics companies. >> tv sets with cathode ray tubes are no
>> greece and italy are also on the list. year after year, the country's perform the poorest -- the countries perform the poorest. greece pays many more bribes per year and higher amounts than anywhere else in europe. in those countries, public institutions need to change. we need financial accountability to citizenry. >> denmark is the least corrupt country. what does germany need to do to improve its position? >> the world is waiting for more attention to the u.n. convention...
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Dec 4, 2012
12/12
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italy for example is still very clean. so it depends. >> other news we're following, a bomb has exploded in the offices of golden dawn early this morning. police sources have told reuters there was damage caused to the building in an athens suburb, but no casualties. >>> and in the states the white house and top democrats are dismissing the budget proposal put forward by republicans saying it doesn't address the president's pledge to hike taxes on the wealthy. the plan includes $800 billion in new tax revenues by cutting loopholes and deductions, but leaves the bush era tax cuts in place for everyone. that's half of what the president has proposed. it also cut $1.2 trillion in mandatory and discretionary spending. the republican plan includes $600 billion in entitlement savings and raising the eligibility age for medicare and changing how cost of living increases are calculated for social security. white house officials say the two sides will continue to negotiate ways to avoid the year end fiscal cliff. >>> and president
italy for example is still very clean. so it depends. >> other news we're following, a bomb has exploded in the offices of golden dawn early this morning. police sources have told reuters there was damage caused to the building in an athens suburb, but no casualties. >>> and in the states the white house and top democrats are dismissing the budget proposal put forward by republicans saying it doesn't address the president's pledge to hike taxes on the wealthy. the plan includes...
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Dec 13, 2012
12/12
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italy has a dead auction coming up later in the show. as for spain and germany, they are seeing yields drip lower this morning, as well. back across the board, the guilt down 1.82%. the euro/dollar was barely weaker the last time we checked and now it's drifting a little further. 1.3064. it's still above that level. and the dollar/yen now receding to almost flat if not a little lower on the morning. now european leaders are expected to agree on the next tranche of aid for greece when they meet today. sylvia is in brussels to follow aus of these negotiations for us. sylvia, a torturous route for greece. are they finally going to get this money? if so, what does that change. >> well, it at least gives them a bit of breathing space. it doesn't change anything in terms of the overall dismal situation of the country. there was a letter of the german finance minister yesterday, written so it is by one of the deputies to the german bundes stock where he basically said, we are ready to sign up the next package for greece. this has not been confi
italy has a dead auction coming up later in the show. as for spain and germany, they are seeing yields drip lower this morning, as well. back across the board, the guilt down 1.82%. the euro/dollar was barely weaker the last time we checked and now it's drifting a little further. 1.3064. it's still above that level. and the dollar/yen now receding to almost flat if not a little lower on the morning. now european leaders are expected to agree on the next tranche of aid for greece when they meet...
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Dec 8, 2012
12/12
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it is being routed from the black sea to italy and bypasses the current transit country, ukraine. moscow has argued with kiev over fees and gas prices for years. a feud that has often cut off gas supplies to western europe. >> south stream could soon make ukraine much more willing to compromise. kiev could even agree to some form of russian involvement in its pipeline system and its modernization. >> the launch of south stream gives it a head start. and this is supposed to reduce the you's dependence on russia and the dying gasp from central asia. in contrast, south stream is due to start delivering gas in 2015. >> voting is drawing to a close in presidential elections in ghana. the poles expected to test the country's reputation as a beacon of stability and democracy in africa. >> the election will reveal how popular the incumbent is after he took over from the late president who died in july. opinion polls predict a tight race. the winner will oversee the current oil boom, one of africa's fastest-growing economies. soccer fans are no doubt eagerly awaiting the next european foot
it is being routed from the black sea to italy and bypasses the current transit country, ukraine. moscow has argued with kiev over fees and gas prices for years. a feud that has often cut off gas supplies to western europe. >> south stream could soon make ukraine much more willing to compromise. kiev could even agree to some form of russian involvement in its pipeline system and its modernization. >> the launch of south stream gives it a head start. and this is supposed to reduce...
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>> then, we got to rome exit wasn't there. >> took took insights and sounds of italy. they bought new. luggage arrived they went to pick it up. >> we had to go to naples, pick it up. and that was probably an hour ride on the bus. and then, we had to take a cab from the airport to the train station where we were going to roevm -- rome. >> sandy put in a claim for cost. >> under wear, pajamas, a sweater, jacket, then we had to$1b+Ñ buy a bus ticket to the naples airport then cab fare to the train station. >> what did she bill the airline? less than 70s itdz can't come, so i decided okay. 7 on your side is going to be my way of getting the money back. soy did contact 7 on your side. and was called back. he contacted the airlines and i got a check. >> she says it wasn't all that much. still, she had a rightful claim it wasn't that much but the principle of it. i would, fi had a problem contact you again. >> principle, money, it's all the same to us. make sure you contact us. >> she should be a bonus for being a frugal shopper. >> 70s sndz. >> yes. >> thanks. >> opening in
>> then, we got to rome exit wasn't there. >> took took insights and sounds of italy. they bought new. luggage arrived they went to pick it up. >> we had to go to naples, pick it up. and that was probably an hour ride on the bus. and then, we had to take a cab from the airport to the train station where we were going to roevm -- rome. >> sandy put in a claim for cost. >> under wear, pajamas, a sweater, jacket, then we had to$1b+Ñ buy a bus ticket to the naples...
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most troubled european countries are among the best performers indices of greece spain portugal and italy that were singled out in a group of countries called pigs grew on average by around thirty percent in the second half of this year while russia is my sex gay dual just a third of this let's speak more details with our correspondent on a particular was looking closer at the story so what is going on well dmitri it looks like all the european pigs contra's turned out to be very bullish this year they did make investors happy and those who bet on them and invested into their indices could earn up to forty percent just in the second half of the year where was that was now wasn't greece and if you remember the contra stock market plummeted like fifty percent last year and all of the other big countries such as portugal italy and spain all gave that about twenty percent and even more well in russia we have seen over this period minor growth ten eleven percent does that actually mean that investor focus is switching from bricks to pigs in the investors and analysts i've spoken to say that ba
most troubled european countries are among the best performers indices of greece spain portugal and italy that were singled out in a group of countries called pigs grew on average by around thirty percent in the second half of this year while russia is my sex gay dual just a third of this let's speak more details with our correspondent on a particular was looking closer at the story so what is going on well dmitri it looks like all the european pigs contra's turned out to be very bullish this...
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Dec 29, 2012
12/12
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it was at the beginning of the year, but the eu faces problems in 2013 as well -- a new election in italy could put silvio berlusconi back in power, and france's francois hollande has to tackle urgent issues at home, so there is plenty of work for europ's firefighters next year. >> the past year, we have often brought you images of very angry protests in greece that were mostly against the harsh austerity measures imposed by the government in return for a bailout funds from lenders. >> without this, greece would certainly have gone bankrupt, but it still a long way from clear that the bailout and the reforms they are tied to will get the economy back on the road to recovery. >> meanwhile, the suffering continues for the greek people. the situation is especially dire in rural villages. >> we are on our way to a village on the border with bulgaria. most of the village's 500 inhabitants are muslim -- a minority in the orthodox christian country. the village also claims the dubious distinction of being the poorest village in greece, with an average income of roughly 6000 euros a year. >> ever
it was at the beginning of the year, but the eu faces problems in 2013 as well -- a new election in italy could put silvio berlusconi back in power, and france's francois hollande has to tackle urgent issues at home, so there is plenty of work for europ's firefighters next year. >> the past year, we have often brought you images of very angry protests in greece that were mostly against the harsh austerity measures imposed by the government in return for a bailout funds from lenders....
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germany which have some of the best standard of living anywhere in the world you have northeastern italy for instance which has a tradition of small and two premierships you go to a small. construction area. making clothes in gucci style in florence or making food in bali and export all over the world but it is they've been doing that for a thousand years or so and then you compare it to rome maples in southern italy it's a total disgrace day themselves and say that they live in africa and in fact so this is the problem is the inequality inside the western capitalist system and this inequality is being reproduced by the chinese most of the time i am between those americas north and south europe and china whenever i travel inside china i see the same mistakes they are committing that the west has been committing for the past twenty years and it's basically to apply new liberalism to china alexander you clarkie disagree go ahead yeah of course i disagree the problem is not inequality in and of itself the problem is the degree of inequality and i have driven around the southwestern united s
germany which have some of the best standard of living anywhere in the world you have northeastern italy for instance which has a tradition of small and two premierships you go to a small. construction area. making clothes in gucci style in florence or making food in bali and export all over the world but it is they've been doing that for a thousand years or so and then you compare it to rome maples in southern italy it's a total disgrace day themselves and say that they live in africa and in...
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in fact when we have this what's happening in greece spain parts of italy but. portugal when they sing hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with exceptional about germany and scandinavia is not then we going to have sort of the. wall street movement inside western europe as well and this is going to happen within the next few years because the model itself is unsustainable i'm going to jump in here we're going to go to a short break and after that short break we'll continue our discussion on the west stay with our. experience before series with the. nation. day. to make. him the flying. speak your language. they will not advance. news programs and documentaries and spanish what matters to you breaking news a little tonnage of angola's kidneys stories. you hear. that all teach spanish find out more visit eye
in fact when we have this what's happening in greece spain parts of italy but. portugal when they sing hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with exceptional about germany and scandinavia is not then we going to have sort of the. wall street...
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Dec 23, 2012
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., how italy's hard times could shut down some of the most famous tourist destinations. do you see this woman? look at her? do you think she is pretty? of course she is. do i find her irresistible, her bosses did and he fired her, and the court ruled in his favor.on we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. >> a new weekend of violence and death and explosions in syria. this is damascus, five people were killed when a car bomb blew up. it filled the streets with debris and tore aparty apartment buildings. 30 people died in attacks across syria and half of them were in damascus. this is india, new delhi to be specific. people being blasted with high pressure water hoses, people are furious when a woman was gang raped and beaten on a moving city bus last weekend. protesters are demandsing changes to india's laws and say women are not safe. the man convicted of stealing the pope's p
., how italy's hard times could shut down some of the most famous tourist destinations. do you see this woman? look at her? do you think she is pretty? of course she is. do i find her irresistible, her bosses did and he fired her, and the court ruled in his favor.on we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts...
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but of course pepe is right spain is in crisis yes southern italy has been in crisis for decades yes does that mean the entire west the western social model is in decline no i fundamentally disagree we have managed to create a degree of inequality in our societies that maintains the dynamism people want to move up and they have the opportunity to move up i believe that in parts of the united states the degree of inequality is at a level that would never be acceptable in europe but in europe our inequality that we have here maintains the dynamism and actually social mobility in western europe these days is higher than it is in the united states or in other societies for that matter ok pepe what about the welfare state cannot survive all this yes in scandinavia exactly it's it does survive in scandinavia it's not going to survive in the club med countries and if you compare their social services to the countries in the north sea is the legs behind them france which is more or less the middle term between the mad in the scandinavians you know will survive but how they're going to pay it
but of course pepe is right spain is in crisis yes southern italy has been in crisis for decades yes does that mean the entire west the western social model is in decline no i fundamentally disagree we have managed to create a degree of inequality in our societies that maintains the dynamism people want to move up and they have the opportunity to move up i believe that in parts of the united states the degree of inequality is at a level that would never be acceptable in europe but in europe our...
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Dec 28, 2012
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especially in the case of italy. the country is fulfilling conditions of the ecb if it ever got into needed. it made the fiscal adjustment that was needed. if the country exits recession which we expect to happen next year and the growth at a potential growth rate of say 1 mers, 1.5%, with inflation under control, with interest rates back to levels which were normal for italy before the financial crisis, then all these adjustments altogether show that italy can go back on to a sustainable growth path and -- >> is that with or without berlusconi involved? because end of february are these elections. >> yes. the elections are, of course, more the campaign heading into the elections with all these noises, especially the end ecb noises that we hear from italy. that's going to cause concern that if italy does need help, how likely are they going to be to get it? in the years from 1993 to 2007 italy brought down its debt to gdp ratio to almost 100% and half of that time berlusconi is prime minister. it's not like berluscon
especially in the case of italy. the country is fulfilling conditions of the ecb if it ever got into needed. it made the fiscal adjustment that was needed. if the country exits recession which we expect to happen next year and the growth at a potential growth rate of say 1 mers, 1.5%, with inflation under control, with interest rates back to levels which were normal for italy before the financial crisis, then all these adjustments altogether show that italy can go back on to a sustainable...
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as deep public sector cuts brought thousands of angry demonstrators to the streets of greece spain italy and portugal. the worst economic crisis of a generation has battered the european union's very foundations exacerbating tensions between member states with some regions now desperately wanting out i grew up in a europe that was divided from east to west going to europe it is divided from the south never at any point of the history of this union has there been more discord of rank that we covered. corporate cash banned from the campaign coffers as part of the us political clique. no we here for u.k. brits quit european union. we found a duty on the soldier pointed un free speech and. instead a song remains a political refugee at ecuador's london embassy where he's been granted asylum he continues to fight extradition to sweden over alleged sex crimes charges that he says are politically motivated and tied to his work in leaking international government secrets. the power of people speaking up and resisting together terrify corrupt and democratic power so much so that ordinary people he
as deep public sector cuts brought thousands of angry demonstrators to the streets of greece spain italy and portugal. the worst economic crisis of a generation has battered the european union's very foundations exacerbating tensions between member states with some regions now desperately wanting out i grew up in a europe that was divided from east to west going to europe it is divided from the south never at any point of the history of this union has there been more discord of rank that we...
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Dec 18, 2012
12/12
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CNBC
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there is now flows again from italy into spain. we're seeing in portugal yields are falling further. all in all, this is sending a general message that the risk premium are coming down and continue to be gradually reduced. >> and how much more momentum is there? we've been waiting for the forced hand on spain. but frankly, there's little sign of pressure right now. >> i fully agree. as long as this continues, the probability of spain moving into such a program is coming down. obviously, the big question out there is whether we will see this translate into some sort of better market position. but for a second leg down in substantial lower yields, you would want to see improving economic conditions in these countries and improving deficites and stabilization in debt to gdp ratios. and i think that is still a long way off. so i wouldn't be surprised if sentiment changes in the course of next year. but it doesn't seem to be something that will happen over the next one or two months. >> let's talk about next year. ing does ease systemic
there is now flows again from italy into spain. we're seeing in portugal yields are falling further. all in all, this is sending a general message that the risk premium are coming down and continue to be gradually reduced. >> and how much more momentum is there? we've been waiting for the forced hand on spain. but frankly, there's little sign of pressure right now. >> i fully agree. as long as this continues, the probability of spain moving into such a program is coming down....
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gas owns fifty percent of the south stream pipeline and the rest is split between france germany and italy the project also comes with a price tag of more than twenty billion dollars making it one of the most expensive and you supply systems on earth. and coming up r.t. travels to the nevada desert to show you what the famous burning man festival is really like. to me speak your language. programs and documentaries in arabic it's all here on. reporting from the world talks about six of p.r.p. interviews intriguing story to tell you. the choice of the arabic to find out more visit arabic t.v. dot com. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. giant corporations are old today. he is under siege. destruction without to see. what could be just ruins. same by a great sacrifice. and restored by human jets it's. a remarkable reminder of courage and selflessness. truth beauty is if. people. can to hold a brush aside. just be the jolly champ was created in the fifty's and mass produced i think came out of the camp an
gas owns fifty percent of the south stream pipeline and the rest is split between france germany and italy the project also comes with a price tag of more than twenty billion dollars making it one of the most expensive and you supply systems on earth. and coming up r.t. travels to the nevada desert to show you what the famous burning man festival is really like. to me speak your language. programs and documentaries in arabic it's all here on. reporting from the world talks about six of p.r.p....
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Dec 23, 2012
12/12
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LINKTV
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italy's outgoing prime minister said the most important thing is to get the economy back on track. he would lead a future government if asked. opposition leaders in egypt have called for an investigation. the muslim brotherhood says 64% vote4d yes. 36% voted no. official reserves are expected on monday. the turnout was incredibly low. the results are unlikely to end the turmoil in the country. we have more now from cairo. >> the opposition response to a sewage tank is position that it does not consider the constitution legitimate and it will continue to fight it by peaceful means. >> it is only a beginning. we will not allow it to change the identity of egypt. we will work to change this constitution. >> after complaints of fraud and irregularities, the commission promised to look into them fairly. it is not clear if they will deem the serious enough to investigate. this is the heart of the resolution. >> we will never recognize the constitution which is built on the wrong foundation. we promise got ourselves to continue until we win or die. >> not everyone agrees that it is flawed
italy's outgoing prime minister said the most important thing is to get the economy back on track. he would lead a future government if asked. opposition leaders in egypt have called for an investigation. the muslim brotherhood says 64% vote4d yes. 36% voted no. official reserves are expected on monday. the turnout was incredibly low. the results are unlikely to end the turmoil in the country. we have more now from cairo. >> the opposition response to a sewage tank is position that it...
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Dec 20, 2012
12/12
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FOXNEWSW
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bob dole often said he and daniel inouye were wounded in italy a week apart and a hill apart. bob dole is 89 today, paying respects to his go friend from the senate, senator inouye, lies in state. and will, until friday. it's swanson flavor boost. concentrated broth to add delicious flavor to your skillet dish in just one stir. mmm! [ female announcer ] cook, meet compliments. get recipes at flavorboost.com. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligation.
bob dole often said he and daniel inouye were wounded in italy a week apart and a hill apart. bob dole is 89 today, paying respects to his go friend from the senate, senator inouye, lies in state. and will, until friday. it's swanson flavor boost. concentrated broth to add delicious flavor to your skillet dish in just one stir. mmm! [ female announcer ] cook, meet compliments. get recipes at flavorboost.com. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin...
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result sort of stable situation on the european markets too is italy's technocrat leader today says his time in office will soon be up later than we look at what's in store for the ailing euro zone was simply no way out of the crisis. but next europe's military is taken over egypt's military has taken over the country's security and given powers of arrest in the run up to the referendum next week's votes being rejected by the opposition those unrepresentative and with calls to sage mass nationwide protests getting louder president morsi is trying to make more concessions but has an ease the tension is journalist bill true found out from cairo. this morning president mohamed morsi truck this is on the decision to increase tax burdens on the country is a sales tax on consumer goods and services this is seen to be quite popular for him in the face of much to sense the increased tax burdens were supposed to be part of the i.m.f. loan international monetary fund loan four point eight billion dollars loan the country's been trying to secure recently definitely reducing these tax burdens will
result sort of stable situation on the european markets too is italy's technocrat leader today says his time in office will soon be up later than we look at what's in store for the ailing euro zone was simply no way out of the crisis. but next europe's military is taken over egypt's military has taken over the country's security and given powers of arrest in the run up to the referendum next week's votes being rejected by the opposition those unrepresentative and with calls to sage mass...
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most troubled european countries are among the best performers indices of greece spain portugal and italy that were singled out into a group of countries called pigs grew on average by thirty percent in the second half of this year while russia is my six for example gain just a furred of that talk to our correspondent such as for the cove or has actually been looking at the stories of what's going on tottenham well mitry all those who appeal so-called pigs contras turned out to be very bullish this year they did merican vestas happy those who bet on them who part of their cash in those indices managed to earn up to forty percent in the second half of the rightly so you know the second half of this year that's in greece and if you remember the country plummeted more than fifty percent last year and the audit pigs contra such as portugal italy and spain they all gained more than twenty percent in the second half but russia at the same time hasn't been moving anywhere as at the past couple of months i mean does that mean that investor focus is now going from the brics to the pigs right inver
most troubled european countries are among the best performers indices of greece spain portugal and italy that were singled out into a group of countries called pigs grew on average by thirty percent in the second half of this year while russia is my six for example gain just a furred of that talk to our correspondent such as for the cove or has actually been looking at the stories of what's going on tottenham well mitry all those who appeal so-called pigs contras turned out to be very bullish...
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Dec 25, 2012
12/12
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KQED
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it is not yet midnight in italy, but because of the pope's health and to give him time to rest before he delivers the christmas day message, this year, the ceremony began at 9:00 gmt, and that would be 10:00 in italy, which was just about one hour ago. the pope conducting this mess and also lighting the candle of peace, which he did earlier and put on the balcony of his apartment window, which overlooks st. peter's square. this is one of the largest churches anywhere in the world. there are tourists and dignitaries and obviously lots of clergy as well. just to say that it is midnight mass even though is not midnight, but this will give the pope's some time to rest before he gives the christmas day speech from the balcony. let's have a look at some other news. a gun attack in the united states which has left others grieving, and two firefighters were killed as they responded to a blaze in upstate new york. the governor of new york state has called what happened in at the small town a senseless act of violence. it comes just 10 days after a shooting killed 26 people at a connecticut pri
it is not yet midnight in italy, but because of the pope's health and to give him time to rest before he delivers the christmas day message, this year, the ceremony began at 9:00 gmt, and that would be 10:00 in italy, which was just about one hour ago. the pope conducting this mess and also lighting the candle of peace, which he did earlier and put on the balcony of his apartment window, which overlooks st. peter's square. this is one of the largest churches anywhere in the world. there are...
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high and this is bonds as well took a bit of a bit saying are concerns that a leadership change in italy will just rocked efforts to curb the debts of the italian prime minister mario monti said he had lost support aliquid the markets did manage to get some momentum in the last hour or so that. the euro there's has a rather tumultuous day managing to gain a fraction there that's over the mystical situation in this. seems to be demonstrating resilience that news meanwhile here in moscow the russian ruble finished the day lower actually higher against the u.s. dollar a year you can see just that. the russian action market started the week gains a notch for the r.t.s. around four tenths of a cent for the my six largely down to oil prices gaining in the session always a big boost for investors here free energy dependent. next time you order for your favorite restaurant the waiter may stir your insight if pigs could fly because unless they sprout wings they may not have any way of making it over to russia from america russian health regulations have announced an import ban all meat from the u
high and this is bonds as well took a bit of a bit saying are concerns that a leadership change in italy will just rocked efforts to curb the debts of the italian prime minister mario monti said he had lost support aliquid the markets did manage to get some momentum in the last hour or so that. the euro there's has a rather tumultuous day managing to gain a fraction there that's over the mystical situation in this. seems to be demonstrating resilience that news meanwhile here in moscow the...
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Dec 21, 2012
12/12
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CNBC
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we're seeing a rotation into safety, out of risk and out of spain and italy. about 4.5% for italy. thin trading in markets is exacerbating the move that we're seeing as we approach the year. today, the austy dollar is weaker against the u.s. dollar by about .4%. proxy there for global growth prospects. the dollar/yen is weaker by about .25%. this as markets digest the news out of the boj and gauge whether they'll be successful in boosting inflation ultimately. the euro/dollar, 1.3221. so for trading in asia, just how japan, china and the rest have been affected by fiscal cliff news, diedra morris is join onning us with plenty more. hi. >> hey, kelly. it was a bit of a rude awaking. a lot of these indexes were on their way to gains and then we had the fiscal cliff setback. we had news that john boehner's plan b failed. this all turned red and this is where we ended. the nikkei 225 coming back from that huge rally that we have seen over the last five weeks shedding 1%. the exporters hurt here because the dollar/yen was lower. it has regained some ground in the last few hours or so. t
we're seeing a rotation into safety, out of risk and out of spain and italy. about 4.5% for italy. thin trading in markets is exacerbating the move that we're seeing as we approach the year. today, the austy dollar is weaker against the u.s. dollar by about .4%. proxy there for global growth prospects. the dollar/yen is weaker by about .25%. this as markets digest the news out of the boj and gauge whether they'll be successful in boosting inflation ultimately. the euro/dollar, 1.3221. so for...
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people of freedom party withdrew its support from the government he says montes policies and harmed italy and that he hoped to lead the country out of the financial crisis and seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. but as well in president who are chavez has announced he's suffering from cancer once again but he says tests showed return of some malignant cells in the same area where tumors had been previously removed he said to return to cuba where he's already received cancer treatment to undergo surgery in the coming days but news comes two months after travers was elected as president in a tight vote. beijing has warned india against pursuing all exploration in the disputed that resource rich south china sea it comes in reaction to this week's statements by india's navy chief who announced his country could go as far as sending warships to the area to p
people of freedom party withdrew its support from the government he says montes policies and harmed italy and that he hoped to lead the country out of the financial crisis and seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. but as well in president who are chavez has...
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they'll now put a bullet scone into the race for the premier was forced out of the post last year over italy spain official hardships while in october of this year he was convicted of tykes fraud. plus floods in argentina have wreaked havoc for people in the capital with advancing waters leaving them stranded in the streets they have a rain sore some people resorting to moving around the city to encounter news turning good as arias into a latin american version of venice the authorities were also forced to close neurosis rather than metro lines. greek youths have clashed with police in athens as they took to the streets and marking the fourth anniversary of a deadly police shooting security officers had to resort to tear gas to disperse the angry mob while three people were arrested in two thousand and eight a police shot dead a fifteen year old teenager was triggered massive protests and saw that the officer jailed for life two years late. so the financial pain for greece and europe in general doesn't seem to be going anywhere despite all the effort obvious cost talk show today asks whether
they'll now put a bullet scone into the race for the premier was forced out of the post last year over italy spain official hardships while in october of this year he was convicted of tykes fraud. plus floods in argentina have wreaked havoc for people in the capital with advancing waters leaving them stranded in the streets they have a rain sore some people resorting to moving around the city to encounter news turning good as arias into a latin american version of venice the authorities were...
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italy the answer: c. united states 99-percent of commercially grown artichokes are cultivated in california. >> we have lots of clouds for the next few days. nothing terribly extreme in the temperatures. there's a general active but look to this pattern. there is some rain showing up on the radar. 42 degrees is the temperature. we are above average today. all of the very cold air is bottled up up north in canada. the one in the morning and now. 52 degrees at st. louis. we may be flirting with the thick degree mark later on to do. see the rain returns but it's not all reaching the ground. there some mixed snow and precipitation of state. it is headed this way. our model does not actually show. this evening cloudy and a couple sprinkles of light showers. we will have patches of light rain flirting with us during the day tomorrow. it looks like a solid overcast. the accumulating snow is up north of us. much of that will come into the weather system on saturday night and sunday. we think some areas might hit
italy the answer: c. united states 99-percent of commercially grown artichokes are cultivated in california. >> we have lots of clouds for the next few days. nothing terribly extreme in the temperatures. there's a general active but look to this pattern. there is some rain showing up on the radar. 42 degrees is the temperature. we are above average today. all of the very cold air is bottled up up north in canada. the one in the morning and now. 52 degrees at st. louis. we may be flirting...
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hopes to lead the country out of the financial crisis the seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. venezuelan president hugo chavez has announced he's suffering from cancer once again the leader says tests are show their return of sound the malignant cells in the same area were tumors have been previously removed he will return to cuba are worth he's already received cancer treatment to undergo surgery in the coming days the news comes two months after this was reelected as president in a tight vote. americans in their hundreds of thousands in all fifty states have gone online to say they want their state in the pan and from washington parties wary of organized try to find out why more and more u.s. nationals are eager to rip the stars and stripes apart. for that. or to moderate their is a former colony won the right to kill its oldest of the. perfected order t
hopes to lead the country out of the financial crisis the seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. venezuelan president hugo chavez has announced he's suffering from cancer once again the leader says tests are show their return of sound the malignant cells in the...
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Dec 11, 2012
12/12
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KCSMMHZ
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as they look at greece, but also they're watching the problems in italy. the news that mariom onti -- monti will step down. that's really dragging down the mood. >> let's look at some market numbers. dax closing up. stoxx 50 at 2624. the dow jones is currently up almost 1%. the euro is trading at $1.3007. >> agrees has reached their target in a bond buyback scheme, at least they are calling to the state tv. >> they bought the bonds at a discount of 70% from investors and the private banks. this was a condition for them to receive further eu funds. finance ministers are set to meet to discuss releasing the bailout funds. british banking giant hsbc has agreed to pay a record $1.9 billion to settle a money- laundering case. investigated by authorities in the united states. >> hsbc was accused of using the u.s. financial system to transfer funds from mexican drug cartels and from countries like iran that had been placed under international sanctions. >> the u.s. government says hsbc invaded these practices. they've have been said to enabled terrorists and othe
as they look at greece, but also they're watching the problems in italy. the news that mariom onti -- monti will step down. that's really dragging down the mood. >> let's look at some market numbers. dax closing up. stoxx 50 at 2624. the dow jones is currently up almost 1%. the euro is trading at $1.3007. >> agrees has reached their target in a bond buyback scheme, at least they are calling to the state tv. >> they bought the bonds at a discount of 70% from investors and the...